The good & bad thing about the SEC? “Things don’t change very quickly” – @HdDelux to @finplan and @onwallstreet

Clayton, a newcomer to government, is something of an unknown quantity, though in the short term, it seems likely that many staff-level initiatives will continue, says Brian Hamburger, president and CEO of MarketCounsel, a legal and compliance firm. “On the macro level, the good thing and the bad thing about the SEC is that things don’t change very quickly,” Hamburger says. Hamburger agrees that significant new rule-makings that add new regulations to the financial services sector are unlikely, though he does expect Clayton’s SEC to maintain a robust enforcement operation that will “have a meaningful impact on the industry.”